NOT LISTED FOR SALE

870 S Rancho Santa fe Rd Unit A San Marcos, CA 92078

Palomar Estates Neighborhood

Estimated Value: $571,638 - $578,000

2 Beds
2 Baths
958 Sq Ft
$330/mo HOA Fee

Last Sold October 15, 2019

Last sale price $345,000 $360 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,806/month

23 Days on Market

Highlights

  • Community Pool
  • 1 Car Detached Garage
  • Level Lot
  • La Costa Meadows Elementary Rated A
  • Laundry closet

About This Home

As of October 2019

Gorgeous 2 bedroom, one-story condo on the entry level & in boundary for La Costa Meadows ES/San Elijo MS/San Marcos HS! 2 full, upgraded baths, open-concept floor plan, all new flooring, large patio, & new HVAC. PRIVATE location & amazing views! Enjoy Bradley Park 4th of July fireworks from the front! Single-car detached garage plus 1 assigned, uncovered parking spot. Community pool, spa, tennis court, & fitness room. Full laundry closet. SEE SUPPLEMENTAL REMARKS... Plenty of guest parking close to the home too! Conveniently located near several retail and restaurant establishments, the 78 freeway, California State University San Marcos, and Palomar College. Just a short drive to multiple beaches too! Quiet and private location in this established community. Enjoy the cool breezes, serene atmosphere, and views from this amazing spot!

Last Agent to Sell the Property

Lindsay Herrell

Compass License #01878670 Listed on: 08/20/2019

Compass

Last Buyer's Agent

Mike Bajema

NON-MEMBER/NBA or BTERM OFFICE License #01279097

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,128

Year Built

  • Built in 1986

Lot Details

  • 6.99

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 958 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Full Size Washer or Dryer

Utilities

  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 221-611-12-52

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, trash pickup, water
  • 8 Units
  • Sommerset By The Lake Association, Phone Number (760) 585-1744
  • Sommerset By The Lake Community

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,128

Year Built

Built in 1986

Lot Details

0

HOA Fees

$330 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: North County
  • Cross Street: San Marcos Blvd.
  • Neighborhood: Sommerset by the Lake
  • Supplement: Plenty of guest parking close to the home too! Conveniently located near several retail and restaurant establishments, the 78 freeway, California State University San Marcos, and Palomar College. Just a short drive to multiple beaches too! Quiet and private location in this established community. Enjoy the cool breezes, serene atmosphere, and views from this amazing spot!
  • LP / Sq Ft: 364.3
  • Price Per Sq Ft: 360.13
  • SP/ Sq Ft: 360.13
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1986
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: A
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Searchable Rooms: Bedroom Entry Level, MBR Entry Level
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 13x12
  • Full Bathrooms: 2
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 958
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Pool: Community/Common
  • Roof: Tile/Clay
  • Spa: Community/Common

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 1
  • Non Garage Parking: Assigned
  • Garage Spaces: 1
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Sommerset By The Lake
  • Total Fees: 3960.0
  • Units In Building: 8
  • Total Number of Units: 88
  • Property Management Company: Property Advantage
  • Property Management Phone: 760.585.1744
  • Community: SAN MARCOS
  • Home Owner Association: Sommerset by the Lake
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 330.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 760.585.1744

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 330

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 221-611-12-52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2023
Sold by
Myers John and Myers Katherine M
Bought by
Myers Family Trust
Current Estimated Value
$575,910

Purchase Details

Closed on
Aug 13, 2022
Sold by
Shannon Lietz Margaret and Shannon Abram
Bought by
Lietz Family Trust

Purchase Details

Listed on
Aug 20, 2019
Closed on
Sep 19, 2019
Sold by
Mckown Evan K and Mckown Erin F
Bought by
Myers John and Myers Katherine M
Seller's Agent
Lindsay Herrell
Compass
Buyer's Agent
Mike Bajema
NON-MEMBER/NBA or BTERM OFFICE
List Price
$349,000
Sold Price
$345,000
Premium/Discount to List
-$4,000
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$200,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2014
Sold by
Southland Home Mortgage Llc
Bought by
Mckown Evan K and Mckown Erin F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2014
Sold by
Baker Keith Robert
Bought by
Southland Home Mortgage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2002
Sold by
Moore Mark E
Bought by
Baker Keith Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2000
Sold by
Moore Karen Diane
Bought by
Moore Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
8.01%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 13, 2000
Sold by
Hunter Industries Ltd Partnership
Bought by
Moore Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
8.01%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 11, 1995
Sold by
Fleming Gus C and Fleming Monique A
Bought by
Hunter Industries Lp

Purchase Details

Closed on
May 22, 1992
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Myers Family Trust -- None Listed On Document
Lietz Family Trust -- Barger & Battiest Law Apc
Myers John $345,000 Ticor Title San Diego Branch
Mckown Evan K $256,000 Lawyers Title
Southland Home Mortgage Llc $230,000 Accommodation
Baker Keith Robert $161,000 First American Title
Moore Mark E -- First American Title Co
Moore Mark E $130,000 First American Title
Hunter Industries Lp $101,500 First American Title
-- $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers John $204,700
Previous Owner Myers John $200,000
Previous Owner Mckown Evan K $180,000
Previous Owner Baker Keith Robert $31,500
Previous Owner Baker Keith Robert $157,300
Previous Owner Baker Keith Robert $152,000
Previous Owner Moore Mark E $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $345,000 -1.1% $360 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $349,000 0.0% $364 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $349,000 +36.3% $364 / Sq Ft
07/23/2014 07/23/14 Sold $256,000 -1.5% $267 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $260,000 -- $271 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,128 $377,302 $229,663 $147,639
2024 $4,128 $369,905 $225,160 $144,745
2023 $4,052 $355,543 $216,418 $139,125
2022 $3,998 $355,543 $216,418 $139,125
2021 $3,932 $348,573 $212,175 $136,398
2020 $3,895 $345,000 $210,000 $135,000
2019 $3,070 $275,809 $167,884 $107,925
2018 $2,972 $270,402 $164,593 $105,809
2017 $2,913 $265,101 $161,366 $103,735
2016 $2,867 $259,903 $158,202 $101,701
2015 $2,825 $256,000 $155,826 $100,174
2014 $2,189 $192,815 $102,433 $90,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190046279

San Diego MLS

APN: 221-611-12-52